Multipliers : Are they a good deal?

Reply #12

dvdiva — Sat, 23 Sep 2006 03:04:28 GMT

Washington state actually had a lotto promotion that doubled the jackpot (and only the jackpot) for an extra buck. I would pay for that but I haven't seen a promotion like that in years.

Reply #11

KY Floyd — Fri, 22 Sep 2006 19:08:01 GMT

The only advantage I see to that strategy is that with separate tickets the IRS has no argument about when you decided to share the prize, so oyu each pay taxes on your share. The downside is that you're spending more money without increasing your potential winnings as much as you could. If I was going to spend two or three times as much on tickets I'd want to either increase my chances of winning by 2 or 3 times or increase my potential payout by at least 2 or 3 times. If you win and the powerp... [ More ]

Reply #10

JAP69 — Fri, 22 Sep 2006 02:44:42 GMT

I think multipliers are good if when you hit the prize level goes up.

But in my personal case if I wanted to split my jackpot win with other family members say a 3 way split I would purchase 3 exact sets of numbers ther by having 3 separate tickets.

Heres your ticket. cash it in.

Heres your ticket. Cash it in.

Heres my ticket to cash in.

No problems creating this or that or do we take annuity or cash.

Each of us can decide for ourself on what we want to do.

And also if there... [ More ]

Reply #9

Just6ntlc — Fri, 22 Sep 2006 02:30:34 GMT

JimmySand9, my vote is yes because it's great if people purchase an extra $1 to win more money.

Reply #8

dvdiva — Fri, 22 Sep 2006 02:27:32 GMT

When I play Powerball and MM I cover all possible mega/power balls but without Powerplay. Considering the cost and the long odds of winning I'd rather get another set of numbers than a multiplier.

If you play covering all Powerballs and Powerplay the odds of the state actually coughing up 41 million extra in cash would be very low.

Reply #7

guesser — Thu, 21 Sep 2006 21:02:24 GMT

Well, as you already know, since I am sure you looked, no. In all fairness, we only discussed Powerball.

The consensus was close, the arguments were you have a better chance at winning outright if you pick more games, so folks played more games. The other side of the argument was if you get 3x5, that paid $7, multiplied is $14, $21, $28 or $35.

I'm going to apologize, Jimmy, your question was 'are they a good deal ?'

That answer is yes.

My question on the other thread... [ More ]

Reply #6

JimmySand9 — Thu, 21 Sep 2006 20:38:49 GMT

Did you discuss the overall payout too? This poll is to gauge peoples opinion after seeing the payout information.

Reply #5

guesser — Thu, 21 Sep 2006 19:40:48 GMT

https://www.lotterypost.com/thread/140173.htm

Already discussed

Reply #4

CASH Only — Thu, 21 Sep 2006 19:23:50 GMT

Since you would be playing $2 for one set of numbers, the payout with the multiplier should always be higher than if you don't power-up. I've said that all lottery bets should have a payout of at least 50%.

Reply #3

DoubleDown — Wed, 30 Aug 2006 12:11:18 GMT

I always play it.. and enjoy the payouts..

DD

Reply #2

ryanm — Wed, 30 Aug 2006 11:58:31 GMT

I don't win often enough to justify the extra $1 for PowerPlay. Therefore, I play for all or nothing. Of course, if I hit the five white balls without the Powerball, and the PP multiplier came up 5, that would annoy me.

Reply #1

weshar75 — Wed, 30 Aug 2006 03:29:58 GMT

Powerplay for Powerball and Kicker for Oregon Megabucks are both good for the games. My reason for playing that option is that if I am going to spend more than $1 on a ticket then I should add the extra $1 to the first line I purchase. Their is only going to be one winning combination and you will not win the jackpot every time you play. So when you get a prize wouldn't you like to get the best prize available to you when you win.-weshar75

Multipliers : Are they a good deal?

JimmySand9 — Wed, 30 Aug 2006 03:18:05 GMT

I've done some research on the different multipliers available to players, and how much those tickets payout over time compared to those tickets that didn't Power Up .

Powerball payout : 50%

Powerball with PowerPlay payout : 49.639375%

Mega Millions : 50%

Texas Mega Millions with Megaplier : 47.9047619%

Palmetto Cash 5 : 45.91347%

Palmetto Cash 5 with PowerUp : 63.13102125